3793 Balboa Terrace Unit B, San Diego, California 92117, San Diego, 92117 - 2 bed, 2 bath
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3793 Balboa Terrace Unit B
San Diego, California 92117
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,580Sq Ft
551,325Lot Size
Property Price
LIST PRICE$839,000
EST. MARKET VALUE
$819,980
SUMMARY
This Move-In Ready Townhouse is a Strong Value Opportunity, listed at $849,000—positioned slightly above the $832,539 Fair Market Value. While not a discount play, the property offers a Condition Rating of 3, featuring a Granite Kitchen and a versatile 3rd-bedroom loft that provides the utility of a single-family home. With SB326 compliance and a tranquil canyon-view patio, this residence balances lifestyle with financial stability. It is an ideal acquisition for hybrid professionals or first-time buyers seeking proximity to transit and coastal amenities.
Estimated Market Value
$819,980
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3793 Balboa Terrace Unit B Subject 2 bd · 2 ba · 1,580 sqft · $519 | $839,000* List Price | 2 | 2 | 1,580 | $519 | - |
A 3756 Balboa Terrace B Sold 3 bd · 3 ba · 1,600 sqft · $545 · 0.1 mi | $872,500 | 3 | 3 | 1,600 | $545 | 0.1 mi |
B 3737 Balboa Terrace Sold 2 bd · 2 ba · 1,243 sqft · $604 · 0.1 mi | $751,000 | 2 | 2 | 1,243 | $604 | 0.1 mi |
C 3705 Balboa Terrace A Sold 2 bd · 3 ba · 1,205 sqft · $646 · 0.1 mi | $779,000 | 2 | 3 | 1,205 | $646 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property was built in 1982 but has been well-maintained and updated. The kitchen features stainless steel appliances and granite countertops, and the home has updated flooring throughout. It is functional, move-in ready, and shows signs of a renovation within the 5-15 year range.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Living Space
The massive third-bedroom loft with soaring ceilings and a walk-in closet provides exceptional flexibility for a home office, gym, or guest suite, offering the utility of a single-family home.
- Strategic Transit Connectivity
Proximity to the new trolley line and immediate access to four major freeways (5, 52, 805, and 163) ensures an effortless commute to Downtown, UTC, and San Diego's coastal hubs.
- Excellent HOA Health
The association is SB326 compliant with recently completed exterior and deck work, healthy financial reserves, and no forthcoming assessments, providing significant peace of mind for buyers.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1580, other record living area = 1332.
- High Monthly Carrying Costs
The $595 monthly HOA fee is a substantial recurring expense that may impact the debt-to-income ratio and overall affordability for some prospective purchasers.
- Extended Market Duration
With 45 days on the market, the property is showing signs of stagnation compared to faster-moving San Diego inventory, which may lead to increased buyer scrutiny regarding its list price.
About 3793 Balboa Terrace Unit B
**NEW PRICE $839K effective 9.28 AND Seller will consider buyer concessions/credits based on overall terms/conditions of offer. Move in Ready 2-Bedroom/2 ba+ Large Loft / Flexible 3rd-Bedroom Space. Live the ultimate coastal San Diego lifestyle in this exclusive 74-unit hidden gem at Canyon Haven with Beach Proximity without Beach Prices! Perfect for hybrid workers, professionals, or 2nd home in quiet canyon setting. • The Ultimate Flex Space: A massive 3rd-bedroom loft with soaring ceilings & a huge walk-in closet is your perfect hybrid home office, media den, bedroom, gym or combination. • Sunlit Kitchen & Great Room: High-ceiling living/dining space with a fireplace opens to a private canyon-view patio. • Convenience: Includes attached 2-car garage, 2nd floor for primary and guest bedrooms/baths, dedicated large laundry & storage area, private back deck, move in ready, guest parking. • HOA dues $595 – Includes water, termite, trash, sewer, exterior building, insurance, landscaping/streets and pool-spa area. Recent work on exterior & decks completed so SB326 compliant. No forthcoming assessments. Financial Reserves in good condition. Trolley just down the street for effortless rides to downtown nightlife, Old Town, Padre games, Cricket Stadium, concerts, upscale shopping at UTC Mall or getting to work at VA or Scripps. When driving, quick access to the 5, 52, 805, & 163 speeds up your commute north or south. Minutes to Mission Bay, Pacific Beach, La Jolla, Mission Valley, Hillcrest/North Park night life, local hiking, Trader Joe's, & Costco. Move in Ready!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1982
- Lot Size
- 551,325 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $595.0 / Month
Neighborhood Insights
San Diego Unified Schools
Cadman Elementary School
Grades K-5 • 0.8 mi
8/10
Alcott Elementary School
Grades K-5 • 1.6 mi
8/10
Marston Middle School
Grades 6-8 • 0.6 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,580 | 1,427.776 |
| Lot Size | 551,325 | 93,450.361 |
| Price | $839.0K | $807.7K |
| Price per sq ft | $531 | $599 |
| Built year | 1982 | 1993 |
| HOA | $595.0 | $445 |
| Days on market | 73 | 47 |
Pricing History
Listed for Sale
Sep 29, 2026
$839,000
$849,000
-1% Price Drop
Initial Listing
Price Change
Aug 13, 2026
$849,000
Initial Listing
Sold
Jun 22, 2001
$303,000
Public Record